A one bedroom apartment, Camborne Road, Walsall, WS5. The asking price is in the region of £80000 with Connells (01922 716 026).
Property details here, brochure here and EPC here.
Park Hall is an excellent and very popular location in Walsall. Some consider it to be the “posh” end of the street and therefore prices in general can be higher.
A very well presented property that on the face of looks like it doesn’t need anything doing to it, unless you want to. There’s always room for improvement of course.
There is double glazing throughout, but the heating is unknown, but I’m guessing at electric perhaps underfloor?
It does look like the property is leasehold, but the details of the lease are currently being compiled.
So, all in all a very nicely presented property in an ideal location and not too high a price, but with some questions that need answering. The appraised rental level is £450.00 pcm and if the property is sold at the asking price the yield is a not to shabby 6.75%.
If you are thinking of getting into the property rental market and don’t know where to start, speak to us for impartial advice and guidance to get the best return on your investment. For more information about other potential investment properties that we could introduce you to, or to ask about our thoughts on your own investment choices, call us now on 01922 311016, you can always email me on salekm@ashmorelettings.co.uk.
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